BNP Paribas Securities Services is offering funds of hedge funds (FoHFs) an integrated liquidity management solution, Fundamentals reports. The new financing and FX hedging service, which is the latest development within BNP’s AlphaSuite, is delivered through a new integrated platform that helps reduce the complexities of liquidity forecasting and supports the fund manager by streamlining the creation, administration and evaluation of investment performance. The service’s key features include completely scalable committed financing and FX solution that brings together structuring, hedge fund research and loan administration teams. The service, which provides full transparency on credit scoring and monitoring of underlying hedge fund holdings, supported by a hedge fund database, consists of a web-based reporting tool and trade order capture tool combined with late-hour trading facilities in all time zones.

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